| Balance Sheet for Devcon International Corp. (DEVC) | | | | | | | Assets | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Cash and Equivalents | 3,088 | 5,015 | 4,634 | 34,928 | 10,030 | | Marketable Securities | - | - | - | - | - | | Receivables | 13,192 | 22,896 | 21,826 | 12,562 | 13,809 | | Inventories | 3,759 | 4,506 | 2,892 | 3,324 | 3,521 | | Other Current Assets | 5,308 | 6,595 | 6,823 | 5,557 | - | | Total Current Assets | 26,631 | 40,513 | 37,639 | 61,520 | 28,030 | | | Gross Fixed Assets | 7,102 | 13,124 | 27,589 | 57,172 | 53,811 | | Accumulated Depreciation | (3,006) | (1,842) | (5,853) | (29,426) | (29,862) | | Net Fixed Assets | 4,096 | 11,282 | 21,736 | 27,745 | 23,949 | | Intangibles | 57,831 | 73,578 | 95,793 | 5,435 | - | | Other Non-Current Assets | 14,738 | 10,947 | 10,299 | 6,965 | 12,439 | | Total Non-Current Assets | 153,154 | 172,384 | 127,828 | 40,145 | 36,388 | | Total Assets | 179,785 | 212,897 | 165,467 | 101,665 | 64,419 | | | Liabilities | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Accounts Payable | 3,694 | 7,701 | 8,094 | 4,928 | 3,606 | | Short Term Debt | 48 | 76 | 1,794 | 1,805 | 351 | | Other Current Liabilities | 1,275 | 8,676 | 2,102 | 1,870 | 4,305 | | Total Current Liabilities | 24,428 | 36,706 | 35,079 | 19,460 | 12,191 | | | Long Term Debt | 94,440 | 89,202 | 55,521 | 564 | 2,424 | | Deferred Income Tax | 690 | 4,682 | 5,213 | - | - | | Other Non-Current Liabilities | 15,625 | 10,308 | 5,997 | 4,657 | 4,255 | | Minority Interest | - | - | - | - | - | | Total Non-Current Liabilities | 150,152 | 140,065 | 66,731 | 5,222 | 6,679 | | Total Liabilities | 174,580 | 176,771 | 101,810 | 24,682 | 18,870 | | | Preferred Stock Equity | - | - | - | - | - | | Common Stock Equity | 5,205 | 36,126 | 63,657 | 76,983 | 45,549 | | Total Equity | 5,205 | 36,126 | 63,657 | 76,983 | 45,549 | | Total Liabilities & Stock Equity | 179,785 | 212,897 | 165,467 | 101,665 | 64,419 | | | |
